Is GIGAMEDIA Ltd (GIGM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.5% / 30% | 203.0% / 30% | 0.8% / 30% | 66.12% / 5% | ✗ NOT HALAL |
| DJIM | 0.5% / 33% | 203.0% / 33% | 0.8% / 33% | 66.12% / 5% | ✗ NOT HALAL |
| MSCI | 0.2% / 33% | 82.1% / 33% | 0.3% / 33% | 66.12% / 5% | ✗ NOT HALAL |
| S&P | 0.5% / 33% | 203.0% / 33% | 0.8% / 33% | 66.12% / 5% | ✗ NOT HALAL |
| FTSE | 0.2% / 33% | 82.1% / 33% | 0.3% / 50% | 66.12% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 52.4% | |
| Operating Margin | -86.2% | |
| Net Margin | -43.6% | |
| Return on Equity (ROE) | -3.8% | |
| Return on Assets (ROA) | -5.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$2M |
| Free Cash Flow | -$2M |
| Total Debt | $84,000 |
| Debt-to-Equity | 0.4 |
| Current Ratio | 18.2 |
| Total Assets | $42M |
Price & Trading
| Last Close | $1.50 |
| 50-Day MA | $1.53 |
| 200-Day MA | $1.54 |
| Avg Volume | 7K |
|
52-Week Range
$1.37
| |
About GIGAMEDIA Ltd (GIGM)
GigaMedia Limited, together with its subsidiaries, provides digital entertainment services in Taiwan, Hong Kong, and Macau. The company owns and operates FunTown, a digital entertainment portal that offers mobile and browser-based casual games, as well as provides services, such as player clubs, tournaments, avatars, friends and family messenger and online chatting systems, customer service, mobile platform, and customer platform. It also offers MahJong, a traditional Chinese tile-based game; casual card and table games; online card games; and chance-based games, including bingo, lotto, horse racing, Sic-Bo, slots, and other casual games. In addition, the company provides role-playing and sports games, including Tales Runner, a multi-player online obstacle running game; and Yume 100, a story-based game that targets female players. GigaMedia Limited was founded in 1998 and is headquartered in Taipei, Taiwan.
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Frequently Asked Questions
Is GIGAMEDIA Ltd (GIGM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), GIGAMEDIA Ltd is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is GIGAMEDIA Ltd's debt ratio?
GIGAMEDIA Ltd's debt ratio is 0.5% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.2%.
What are GIGAMEDIA Ltd's key financial metrics?
GIGAMEDIA Ltd has a market capitalization of $16M, and revenue of $3M. The company maintains a gross margin of 52.4% and a net margin of -43.6%. Return on equity stands at -3.8%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.